Akaunting

Practical accounting workflows for invoicing, expenses, payroll, and reporting
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In Akaunting, open your dashboard, set your fiscal year, and in ten minutes you can issue your first invoice. Add customers or import them from a CSV, design a branded template, and select payment methods. Turn on recurring schedules for retainers or subscriptions, attach files, and apply late fees. Share invoices through a secure self‑service portal where clients can view, download, and pay several bills at once. Aging lists, reminders, partial payments, and write‑offs are automated, so you spend less time chasing and more time delivering.

On the payables side, forward receipts to a unique inbox or drop PDFs to have bills created for you. Tag them to categories, vendors, projects, and tax codes, then route them through approval steps. Queue payments, create purchase orders, and record vendor credits. Connect your bank to pull transactions, then match them with invoices and bills using rules you define. Reconciliation takes minutes with suggested matches and bulk actions. Every entry retains its source document and a full audit trail, which keeps month‑end tidy and reviewable.

Build a cash plan by setting budgets per department or project and tracking actuals against targets. Multi‑currency support lets you bill abroad and settle in local money while capturing exchange gains and losses. Configure sales tax, VAT, or GST once and see what you owe before filing. If you run payroll, define calendars, earnings, and deductions; journals post automatically and paystubs publish to employees. Need to defer income? Set recognition schedules so revenue lands in the right periods without spreadsheets.

For project‑based teams, capture time and expenses against jobs, convert estimates to invoices, and measure profit by project. Track equipment with a fixed‑asset register, run depreciation, and record disposals when you sell or retire items. Standard reports—profit and loss, balance sheet, and cash flow—are ready out of the box with filters for date, entity, and segment; pin custom views to a dashboard. Invite your accountant with role‑based access, work in any of 49 languages, run batch updates, and export data anytime. Granular permissions and detailed logs ensure only people you invite can see financial data, and because it’s online, your books stay current wherever you work.

Review summary

Features

  • Invoicing and estimates
  • Recurring billing and late fees
  • Secure client portal with multi-invoice payments
  • Online payment integrations
  • Accounts receivable with reminders and aging
  • Payables, purchase orders, and vendor credits
  • Bank feeds, matching rules, and reconciliation
  • Cash planning and budgets
  • Expense capture via email/upload with approvals
  • Multi-currency with FX gains/losses
  • Sales tax/VAT/GST configuration and reporting
  • Payroll with journals and paystubs
  • General ledger and audit trail
  • Project costing and profitability
  • Revenue recognition schedules
  • Fixed-asset register and depreciation
  • Role-based permissions and activity logs
  • Multi-language support
  • Batch updates and data export
  • Document attachments and storage

How It’s Used

  • Freelancer sets up recurring retainers, sends branded invoices, and accepts card payments via the portal
  • Small retailer connects bank feeds, applies matching rules, and reconciles daily in minutes
  • Digital agency tracks time and expenses to projects, bills progress invoices, and monitors job profitability
  • SaaS startup defers annual prepayments and recognizes subscription revenue monthly
  • Import/export firm receives supplier bills in foreign currency and monitors FX impacts
  • Nonprofit builds department budgets and runs budget vs actual reports for the board
  • Construction company manages equipment in the asset register and posts monthly depreciation
  • CPA firm accesses client books with restricted roles, batch-updates entries, and prepares filings

Plans & Pricing

Akaunting

Free

Online Accounting
Customer Management
Easy Invoicing
Deposits and Transfers
Vendor Management
Billable Expenses
Various Payments
Tax Rates
Bank Accounts
Multi-Currency
Multi-Company
Powerful Reporting
Client Portal

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